VARANASI DEVELOPMENT AUTHORITY,VARANASEE vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW
In the result appeal filed by assessee in ITA no
ITA 267/ALLD/2017[2014-15]Status: DisposedITAT Varanasi06 Jul 2022AY 2014-15
Bench: Shri Vijay Pal Rao & Shri Ramit Kochar
For Appellant: ShriAshishBansal, AdvocateFor Respondent: ShriSunil Bajpai, CIT- D.R
Section 11Section 12Section 12ASection 143(3)Section 2(15)
iii) Regulation and implementation of various plans for development of the city.
(iv) Development and allotments of plots, residential units etc. to specific class of people/public at large,
(v) Infrastructure development including roads, sever(sic. sewer) etc.”
4(vi) The AO observed that objects of the assessee as mentioned above falls under the limb “any other object of general public
